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TUP Capital (TSXV:TUP.P) Accounts Receivable : C$0.00 Mil (As of Nov. 2023)


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What is TUP Capital Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. TUP Capital's accounts receivables for the quarter that ended in Nov. 2023 was C$0.00 Mil.

Accounts receivable can be measured by Days Sales Outstanding.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. TUP Capital's Net-Net Working Capital per share for the quarter that ended in Nov. 2023 was C$0.03.


TUP Capital Accounts Receivable Historical Data

The historical data trend for TUP Capital's Accounts Receivable can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

TUP Capital Accounts Receivable Chart

TUP Capital Annual Data
Trend Feb21 Feb22 Feb23
Accounts Receivable
- - -

TUP Capital Quarterly Data
Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23
Accounts Receivable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - - -

TUP Capital Accounts Receivable Calculation

Accounts Receivable is money owed to a business by customers and shown on its Balance Sheet as an asset.


TUP Capital Accounts Receivable Explanation

1. Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Days Sales Outstanding measures of the average number of days that a company takes to collect revenue after a sale has been made. It is a financial ratio that illustrates how well a company's accounts receivables are being managed.

TUP Capital's Days Sales Outstanding for the quarter that ended in Nov. 2023 is calculated as:

2. In Ben Graham's calculation of Net-Net Working Capital (NNWC), TUP Capital's accounts receivable are only considered to be worth 75% of book value:

TUP Capital's Net-Net Working Capital Per Share for the quarter that ended in Nov. 2023 is calculated as:

Net-Net Working Capital Per Share
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(0.435+0.75 * 0+0.5 * 0-0.02
-0-0)/11.9
=0.03

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Be Aware

Net receivables tells us a great deal about the different competitors in the same industry. In competitive industries, some attempt to gain advantage by offering better credit terms, causing increase in sales and receivables.

If company consistently shows lower % Net receivables to gross sales than competitors, then it usually has some kind of competitive advantage which requires further digging.

Average Days Sales Outstanding is a good indicator for measuring a company's sales channel and customers. A company may book great revenue and earnings growth but never receive payment from their customers. This may force a write-off in the future and depress future earnings.


TUP Capital Accounts Receivable Related Terms

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TUP Capital (TSXV:TUP.P) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
100 King Street West, Suite 3400, One First Canadian Place, Toronto, ON, CAN, M5X 1A4
Website
TUP Capital Inc is a a capital pool company.

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